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Former Lawrence Shoe Factory 67 Gladstone St 21,057 SF Industrial Building Desborough NN14 2QT $1,673,024 ($79.45/SF)

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INVESTMENT HIGHLIGHTS

  • Development potential.
  • 2.08 acres.

EXECUTIVE SUMMARY

The site boundary extends to approximately 2.08 acres and consists of a variety of vacant buildings and surrounding land. The former Lawrence shoe factory, occupying a central position on the site is an imposing property, albeit in a current state of disrepair, built circa 1837 before closing fully in 1990. In addition, the factory cottages, which are semi-detached two storey buildings, are located to the north west corner and face the prominent Harborough Road and Gladstone Street. There is a car park within the boundary located off New Street also. The property and site have spent many years in the public eye with various schemes discussed including a 43-unit residential scheme consisting of one-to-five-bedroom properties and potentially a preferred site for a commercial supermarket user subject to planning permission being obtained. The site is securely fenced with access from New Street and Gladstone Street. Today the site occupies a prominent and central location in Desborough, close to both residential properties and neighbouring businesses including Costa Coffee and other local businesses. Further information including Title plans, surveys, additional photos etc are available on request.

PROPERTY FACTS Under Contract

Price $1,673,024
Price Per SF $79.45
Sale Type Investment
Tenure Freehold
Property Type Industrial
Building Class F
Lot Size 2.32 AC
Rentable Building Area 21,057 SF
No. Stories 3
Year Built 1837
Tenancy Single

AMENITIES

  • Bus Line
  • Commuter Rail
  • Courtyard
  • Listing ID: 28925736

  • Date on Market: 7/6/2023

  • Last Updated:

  • Address: 67 Gladstone St, Desborough NN14 2QT

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